CPEC(SH:600339)2018-04-27 16:00Financial Performance - Operating revenue for the period reached CNY 8.18 billion, a 15.65% increase year-on-year[7] - Net profit attributable to shareholders was CNY -29.34 million, a decrease of 113.42% compared to the same period last year[7] - The company reported a net loss of CNY 30,612,065.80 for Q1 2018, compared to a net profit of CNY 218,326,915.55 in Q1 2017[24] - Net profit attributable to shareholders of the parent company for Q1 2018 was CNY -29,337,054.28, a decrease from CNY 218,580,402.84 in the previous year[25] - The company’s total comprehensive income for Q1 2018 was CNY -30,594,674.97, compared to CNY 218,336,915.57 in the previous year[25] Cash Flow - The net cash flow from operating activities was CNY 1.32 billion, a significant recovery from CNY -5.61 billion in the previous year[7] - Operating cash flow turned positive with a net cash inflow of 1,319,427,933.26 RMB, a significant improvement from a net outflow of -5,612,200,688.34 RMB in the previous year[15] - Cash inflow from operating activities totaled 19,171,981,226.34, up from 8,813,247,271.96 in the previous period[32] - The net cash flow from investing activities was 28,086,670.12, recovering from -27,541,462.13 in the previous period[33] - The cash flow from financing activities resulted in a net outflow of -4,473,198.08, compared to a net inflow of 52,955,404.69 in the previous period[33] Assets and Liabilities - Total assets increased by 1.57% to CNY 92.68 billion compared to the end of the previous year[7] - The total assets increased to 92,676,997,934.06 RMB from 91,247,825,048.69 RMB, reflecting a growth in current assets[19] - The total liabilities rose to 69,941,984,635.91 RMB from 68,482,351,992.85 RMB, indicating an increase in financial obligations[20] - Total liabilities at the end of Q1 2018 were CNY 1,220,287,101.62, slightly down from CNY 1,220,362,251.97 at the beginning of the year[22] Shareholder Information - The number of shareholders reached 56,361, with the largest shareholder holding 72.20% of the shares[10] - Total equity at the end of Q1 2018 was CNY 24,387,661,617.16, a slight decrease from CNY 24,388,452,860.33 at the beginning of the year[23] Financial Ratios and Returns - The weighted average return on net assets decreased by 1.49 percentage points to -0.18%[7] - Earnings per share for Q1 2018 were CNY -0.0053, compared to CNY 0.0416 in the same period last year[25] Income and Expenses - Financial expenses surged by 6895.02% to CNY 343.42 million, primarily due to increased foreign exchange losses[14] - Non-operating income and expenses totaled CNY 17.84 million, with government subsidies contributing CNY 1.00 million[7] - The company reported an increase in operating income from non-operating revenue, which rose by 436.36% to 27,895,302.93 RMB, mainly due to increased claims and penalty income[15] - The company recorded an investment income of CNY 11,812,629.58 in Q1 2018, significantly higher than CNY 1,044,184.88 in Q1 2017[24] Cash and Cash Equivalents - Cash and cash equivalents at the end of the period were 25,128,394,788.82 RMB, up from 24,103,895,808.17 RMB at the beginning of the year[18] - Cash and cash equivalents at the end of the period amounted to 25,097,756,970.53, an increase from 17,323,682,855.42 in the previous period[33] - The impact of exchange rate changes on cash and cash equivalents was -288,258,166.80, compared to -32,666,628.41 in the previous period[33] Expectations and Challenges - The company expects to continue facing challenges in foreign exchange rates, impacting cash and cash equivalents negatively by -288,258,166.80 RMB due to the depreciation of currencies like the US dollar[15]